Shanda Games and Activision Capture Investor Interest in the Video Game Sector

Shanda Games Limited (NASDAQ:GAME): Shanda Games profits climbed 19% Y/Y after its Q3 topped projections on better gross margins and higher net sales. The Chinese online-game developer increased its average number of paying users by 4.5% Q/Q, but average earnings per paying user dropped 2.9% sequentially, and average monthly active users for all games fell 13% . GAME shares recently traded at $4.44, down $0.02, or 0.45%. Its market capitalization is $1.26 billion. They have traded in a 52-week range of $3.46 to $7.70. Volume today was 337,350 shares versus a 3-month average volume of 713,472 shares. The company’s trailing P/E is 6.26, while trailing earnings are $0.71 per share. Get the most recent company news and stock data here >>

Activision Blizzard, Inc. (NASDAQ:ATVI): Activision’s Modern Warfare 3 and Electronic Arts’ (NASDAQ:ERTS) Battlefield 3 are vying for the holiday market. Although EA reported strong first-week sales for Battlefield 3, Activision shows an early lead. According to estimates by gaming network Rapt, Modern Warfare 3 players put in 17% more play time on the Xbox 360 during its opening week than Battlefield 3 users logged during its first week. ATVI shares recently traded at $12.10, down $0.03, or 0.25%. Its market capitalization is $13.85 billion. They have traded in a 52-week range of $10.40 to $14.40. Volume today was 2,293,584 shares versus a 3-month average volume of 9,809,840 shares. The company’s trailing P/E is 19.30, while trailing earnings are $0.63 per share. Get the most recent company news and stock data here >>

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